The Avalanche crime group, the world's most prolific phishing gang, has moved from using conventional phishing to solely propagating Zeus, the most famous and stealthy password-stealing malware, say security researchers in a new report.
Determining whether returning customers are genuine or imposters can no longer rely upon just Positive Identity Verification solutions. Fraudsters simply use stolen identities, hidden proxies, botnets and scripted attacks to evade discovery. Today, there is a new generation of Negative Identity Verification solutions...
One midwestern community bank has developed a unique program that not only helps stop the scams before they cause damage, but also rewards the bank employees who first report them.
What are the top fraud trends facing financial institutions in 2010?
Gartner's Avivah Litan shares her insights in an exclusive interview with Information Security Media Group's Linda McGlasson, discussing:
Increased number of attacks on strong authentication;
How to handle ACH fraud;
The biggest security...
What are the top fraud trends facing financial institutions in 2010?
Gartner's Avivah Litan shares her insights in an exclusive interview with Information Security Media Group's Linda McGlasson, discussing:
Increased number of attacks on strong authentication;
How to handle ACH fraud;
The biggest security...
A sophisticated type of phishing, man-in-the-middle attacks occur when an attacker attempts to intercept communications between two parties, such as a customer and a financial organization, without their knowledge. By doing so, the attacker becomes "the man in the middle." Both parties are unaware of the attacker's...
ATM fraud is one of the primary crimes committed against banking institutions, and skimming alone adds up to billions in annual losses. How can you fight back?
Learn:
Evolving attack methods of the fraudsters;
Effective anti-skimming strategies from banking and law enforcement leaders;
New anti-skim solutions...
This whitepaper presents an overview of the security options that can help thwart fraud today and into the future, including multi-factor authentication and fraud detection solutions. With a clear understanding of the tools available and a way to effectively begin and evolve, organizations can take the essential steps...
Learn about the latest findings on the impact of identity fraud on your financial institution and your customers:
Why banking customers are shying away from the online banking channel
How stolen identities are used to defraud your customers and damage your brand
Which banking channels are most vulnerable to...
Learn in detail the current financial scams in circulation from phishing and lottery scams, ATM and credit card skimming, among many others.
Learn proactive defenses to prevent consumers and employers from falling victim.
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